Jim Murdock is a senior higher education administrator and financial expert with 40 years of experience in central administration and academic unit management as a Vice Chancellor for Budget and Finance for the UMFlint campus and as an Assistant Dean for Finance and Planning for the Ross School of Business at the University of Michigan. He served multiple terms as a Board Member and Treasurer for the Society for College and University Planning and was the 2004 recipient of SCUP’s Distinguished Service Award. He retired from the University of Michigan in 2010, and served as controller for SCUP from 2014-16.
Murdock is currently on a six month assignment with the Registry of Peabody, Massachusetts as the Interim Vice Chancellor for Administration and Finance for the Indiana University South Bend regional campus. In that role he is the chief financial and budget officer for the campus supervising the units of accounting services, budget, human resources, facilities management, and the police department. The campus has $6.0 million of construction renovation projects underway and has 7500 students with an all funds budget of $82M.
In addition to his experience and skills as a financial planner and administrative manager, Murdock has led capital planning projects resulting in the construction of a classroom-laboratory building and parking structure for the University of Michigan-Flint campus and Sam Wyly Hall, an office/classroom/hotel facility for the UM Business School. He participated in the design, financing, and construction of the $145M new building of the Ross School of Business. As the chief budget officer for the Ross School, he was responsible for the budget planning and stewardship of $130M in operating funds and $35M of endowment assets.
Murdock is a collaborative leader who was a team participant in the design and transition of the UM budget system to a responsibility centered management process in the early 90s. He chaired a university-wide Human Relations task force that initiated a restructuring of the UM staff classification and compensation system. He also was the lead staff person in directing the financial operations start-up of the William Davidson Institute, an independent 501c-3 organization focused on actionable business and public policy initiatives in emerging market economies.
Early in his career, Murdock participated in a consulting project with the Phelps-Stokes Foundation that visited several of the historically black colleges to perform a management inventory for institutional assessment and administration improvement projects. His knowledge of federal student financial aid programs led to consulting engagements leading to the growth and development of the campuses of InterAmerican University of Puerto Rico.
Murdock received his BA in economics from Muskingum University and his MBA in accounting from the Wharton Graduate School of the University of Pennsylvania. He completed all of the doctoral coursework at the Center for the Study of Higher and Postsecondary Education at the University of Michigan. He has taught introduction to accounting courses for several institutions, and has a reputation for making complex financial matters understandable by non-financial colleagues.
Jim and his wife Lori live in Brighton, Michigan and are the proud parents of five college graduates. It is rumored that all were required to learn the words of the Victors before attending kindergarten.